Stanbic Bank Uganda has provided the organisations and health partners with 1000 prepaid cards to facilitate cashless payments to frontline staff and other essential workers.
This is another of the Bank’s contribution to the fight against the COVID19 spread by eliminating the usage of cash which can be one way through which the virus can be transmitted.
Stanbic Bank Uganda Head of Personal Markets, Israel Arinaitwe, speaking during the handover ceremony at Plan International said, “As a bank we are committed to growth and development of Uganda, and it’s in the same spirit that we are supporting Ministry of Health efforts with prepaid cards which they can use to facilitate their work countrywide with allowances and stipends.”
The cards were issued to the supporting organisations including Plan international, Uganda Virus Research Institute (UVRI), Infectious Disease institute (IDI), Infectious Disease Research collaboration (IDRC) and African Initiatives for Relief and Development (AIRD).
Speaking after receiving the prepaid cards, Plan International Head of programmes Greg Lavendar said, “The cards will go a long will way to enable our work in the fied particularly our refugees response programmes.”
The cards will also help with accountability and ensure that our staff in the field receive the money on time. Prepaid cards are the best means of handling cash by the general public because they are cashless and secure means of making payments by eliminating all risks associated with cash handling.
Stanbic Bank waived off card issuance fees and encouraged all customers without debit cards to obtain one at no cost to promote the safety of the Bank’s customers. This is aimed at helping the bank customers to replace cash that can easily transmit the Covid-19 virus through its hand to hand form of payment. Payments by means of Visa cards are cashless, safe, secure and much more convenient